Who's Your Bag-daddy?

Time for a little "Who's Your Bag-daddy?" You know Dinah Lord is always happy when the terrorist funding, scumbag, money men are brought to heel.

"When functioning as a correspondent or intermediary institution for funds transfers, the New York branch of Arab Bank failed to implement sufficient internal controls and testing procedures to ensure compliance with the act, for transactions involving beneficiaries that did not maintain an account directly with the branch," the agencies said in a joint statement following their decision.

I wash my hands, said the Arab bank:

The Arab Bank said in response that it did not believe the law required the same anti-money laundering controls to be applied to wire transfers, in which the branch had only an intermediary role.

"The Arab Bank neither admits nor denies any wrongdoing," the bank said in a statement. "We have agreed to the consent orders and will pay the fine in order to put this behind us."

"We're glad that's all you found," they muttered after the meeting.